A loan of $2,175 helped a member to invest in a new business idea.


Mirador De Carabayllo Group's story

Gladys Milagros Z. R., who appears seated in the photograph, is 39 years old and married with two sons who are minors. She is part of the "El Mirador D. Carabayllo" group, which consists of 10 active members. Ten years ago when her husband lost his job, she realized that they were lacking many basic necessities such as food, clothing, and education for their children, and she took the initiative to start a business which would proviD. her with income each day and at the same time leave her with time to take care of her small children after they came home from school. So, she began to work selling orange juice on a major road, starting her business with a small loan that she was able to secure and with which she acquired the necessary tools, which in this case were an orange peeler, a juicer, a few small tables, glasses, oranges, and sugar. With her work, she has been able to support her husband and cover household expenses, purchase some furniture for her home, and move her children to a private school. Today, they have acquired two cars to use as taxis, and in the near future she would like to formally open a taxi service business. The loan requested is intended for the purchase of tires for one of the cars so that it can pass inspection, an absolute requirement to proviD. taxi service in Lima.

In this group: Efrain Ponciano, Noemi Marcelina, Rosa Elvira, Nelva, Martha, Victor Luis, Gladys Milagros, Zenaida, Maria Elena, Meribeth Margarita
*not pictured

Translated from Spanish by Kiva volunteer



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